Dec 6, 2012 12:00am PST
quickly to egypt. a lot of difficult scenarios there developing, with president morsi, apparently, showing a few traits of mubarak, with the executive orders he's giving himself. did he need to do this? and what is the fallout going to be here? the big protests all through cairo are the eruptions in egypt. >> he blew it. first of all, the grab for power from the judges. he compounded that today, by allowing his people, the muslim brotherhood to go out and crack heads. several people appear to have been killed. he's made things worse for himself. but that said, this is the first inning in a long game. i notice the stock market actually rose today, notwithstanding this. i think this was a bad sign for morsi. but i wouldn't make too much of it. >> quick question on this, larry. the arab spring promised so much. >> right. >> how are you feeling about it now? >> that's tragedy. i was in favor of the arab spring. this whole morsi story, this guy appears not to be a democrat, small "d." he appears to have dictatorial instincts. egypt was a secular muslim country. say what you will about mubarak.